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Mitsubishi Motors to invest $600 million in Indonesian car factory

2014-09-16 09:47:37| Automakers - Topix.net

Japan's Mitsubishi Motors Corp will invest $600 million to set up its first multi-purpose vehicle factory in Indonesia, aiming to capitalise on strong demand for the segment in the country as well as to export to other markets in Asia. Multi-purpose vehicles or MPVs accounted for more than half the 1.23 million cars sold in Indonesia in 2013.

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Category:Automotive

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